CORRECTED-Mammoth Energy Services Q2 revenue rises slightly, net loss narrows
ReutersAug 8, 2025 12:12 PM
Overview
Mammoth Q2 2025 revenue rises slightly yr/yr to $16.4 mln
Net loss from continuing operations narrows significantly compared to Q2 2024
Co executed strategic transactions, including sale of infrastructure subsidiaries
Result Drivers
INFRASTRUCTURE SALE - Sale of infrastructure subsidiaries for $108.7 mln contributed to strategic transformation
AVIATION EXPANSION - Purchase of passenger aircraft expanded rental services, providing stable revenue
HYDRAULIC FRACTURING EXIT - Sale of hydraulic fracturing equipment for $15 mln as part of portfolio repositioning
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $16.40 mln |
|
Q2 EPS |
| $0.18 |
|
Press Release: ID:nPn3NSSsza
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